Overseas investment company became Cork's largest private landlord in 2018

AN overseas property investment company acquired over 300 apartments in Cork in 2018, in two strong swoops for €67m combined - instantly making it the region’s largest PRS [Private Rented Sector] landlord to date.

And, having acquired the assets in Blackpool’s City Square and a sizeable section of the Quadrants and the Crescent in Ballincollig (165 out of a total 270 developed there), the same firm, LRC Group Europe, is now expected to compete for further similar quality investments and asset management opportunities locally, and nationally, in 2019.